I cannot comment on sound quality differences with the C48 or other stuff I've not heard for a lot of reasons.
But I can provide a couple of caveats and comments about the C47 since I use one everyday.
I have two issues with the C47 that may not be show stoppers for you:
1. There is a "bug" in the DAC software that affects only the USB input such that the first 1 second of music in a track gets muted. This bug is not present on the optical or coax DAC inputs. The coax supports up to the bit rates you want (24/192) but if you ever want higher rates or DSD, you need to use the USB input and put up with the mute delay. I was told that this issue was not going to be fixed for the C47 - no firmware update would be made. I believe (unless it's been fixed) this is also an issue for the DA1 module as well. In my case, I stream via Roon from Qobuz and my own local files and have yet to need anything beyond 24/192 so the coax DAC input works great.
2. The front panel controls are not the best. They don't have a good feel and are finicky. The rotation between indents is too easy, and not definite so they're harder to control. In fact, the knob that rotates through inputs on my C47 seems to select inputs at random rather that in sequence (as it should). This is a defect that I am just too lazy to get fixed - there's no Mc service place near here. The volume control works OK. These functions work fine from the remote so I usually use that to change inputs. By comparison, the front panel controls on my C220 have a much better, more definite feel and work correctly and are great to use.
While I won't compare sound quality with the C48, I can say that I am very satisfied with the SQ of the C47 in my system which I like a bit more than the C220. And the C47 DAC sounds great to me.
I like the SQ of the phono section a lot too and it's the first MC phono section I've owned that did not add noticeable noise and distortion when in MC mode - compared to bunch of (admittedly older) SUTs and preamps like Mark Levinson and Klyne and Denon.
So if you do get the C47, you should spend some time comparing its phono section with your outboard unit. You might like it as well or better, or not (I don't know how your phono pre sounds) but I recommend you at least give it a try.